A Dublin restaurant at the centre of a "tense stand off" between the premises owners and operators has re-opened for business after the parties resolved their differences.

Last Tuesday, the High Court was told John and James McCabe, directors of the company operating The Gables restaurant and Wine Bar on Torquay Road, Foxrock, were involved in a stand off with agents of the owner who had attempted to retake possession of the building.

Possession was sought after the company failed to pay arrears of rent of some €379,000. The gardai were called to the premises, which were closed.

The McCabes, represented by Rossa Fanning Bl, are directors of McCabes Wine Warehouse Ltd which has operated the restaurant and wine shop at the premises under lease since 2001. The owner, Daphne Kaye, acquired the property in 1999.

Ms Kaye, who claimed the McCabes were trespassing on the property, initiated court proceedings aimed at having the McCabes vacate the premises.

The stand off ended shortly after the matter came before the court after the various parties involved came to an agreement and left the premises.

Yesterday, Mr Justice Paul Gilligan was informed by Matthew Jolley Bl, for Ms Kaye, that the parties had reached an agreement.

Subject to the clearance of a payment to Ms Kaye, the restaurant and wine shop was to re-open for business on Friday evening, counsel said.

The judge adjourned the matter to Wednesday to allow for the implementation of the settlement.